Pratik Bijlani – The Directorate General of Shipping (DG Shipping) formally inaugurated the PRANAAM Seafarers Assistance Counter on 21st January at Chhatrapati Shivaji Maharaj International Airport (CSMIA), Terminal 1, Mumbai, marking a significant step forward in enhancing welfare, dignity and ease of travel for Indian seafarers. Designed as a dedicated facilitation desk, the PRANAAM counter…
In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week.We will then look at some of the key market movers early this week before providing you with the latest analysis of the top news events taking place in the global energy…
DP World Survey Highlights Confidence Despite Global Challenges The global trade outlook looks fragile. Business confidence does not. That’s the core finding of DP World’s new Global Trade Observatory (GTO) Annual Outlook Report 2026, showing 94% of respondents expect 2026 trade growth to match or exceed the pace of 2025, despite rising frictions and volatility.…
The global maritime community is set to converge in the capital as the 2nd ATPI–Marex Global Crewing & Training Summit & Kashti Awards 2026 takes place on Thursday, 13th February 2026 at the Radisson Blu Plaza Delhi Airport, New Delhi. With the theme “Making Seafarers FUTURE‑Ready,” the summit promises to spotlight the evolving challenges and…
Planned Succession Positions Diversified Conglomerate for Continued Growth Dr Harry S Banga to continue leading the Group as Founder and Executive Chairman The Caravel Group announced the appointment of Mr Angad Banga JP, as Group Chief Executive Officer, with immediate effect. The appointment follows a carefully planned succession process developed over many years, reflecting the…
As the dry bulk sector progresses into the first weeks of 2026, the market is entering what is traditionally the softest period of the year, with seasonal patterns exerting their usual downward pressure on freight rates across all segments. Yet unlike previous cycles, Q1 has begun from a noticeably firmer base, reflecting the structural tightness…
Guidance Note to Master and Crew: Seizure or Armed Boarding at Sea (eg by military forces) Purpose This note provides practical, plain guidance to help protect life, preserve the crew’s rights, and safeguard the vessel’s legal and insurance position when a vessel is boarded, detained, or seized at sea by foreign State forces (navy, marines,…
